Gladstone Land Co. (NASDAQ:LANDP – Get Free Report) traded down 0% during trading on Thursday . The company traded as low as $20.17 and last traded at $20.19. 24,748 shares were traded during mid-day trading, a decline of 8% from the average session volume of 26,760 shares. The stock had previously closed at $20.20.
Gladstone Land Stock Performance
The company’s 50-day moving average is $20.90 and its two-hundred day moving average is $21.27.
Gladstone Land Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a yield of 7.44%. The ex-dividend date of this dividend is Wednesday, February 19th.
Gladstone Land Company Profile
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion.
Read More
- Five stocks we like better than Gladstone Land
- The Most Important Warren Buffett Stock for Investors: His Own
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- 3 REITs to Buy and Hold for the Long Term
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- Consumer Staples Stocks, Explained
- MarketBeat Week in Review – 02/03 – 02/07
Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.com's FREE daily email newsletter.
